Random matching in the college admissions problem

Detalhes bibliográficos
Autor(a) principal: Pais, Joana
Data de Publicação: 2008
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/25818
Resumo: In the college admissions problem, we consider the incentives confronting agents who face the prospect of being matched by a random stable mechanism. We provide a fairly complete characterization of ordinal equilibria. Namely, every ordinal equilibrium yields a degenerate probability distribution. Furthermore, individual rationality is a necessary and sufficient condition for an equilibrium outcome, while stability is guaranteed in ordinal equilibria where firms act straightforwardly. Finally, we relate equilibrium behavior in random and in deterministic mechanisms.
id RCAP_84f7bff00f821d8e3fb362291a6855c6
oai_identifier_str oai:www.repository.utl.pt:10400.5/25818
network_acronym_str RCAP
network_name_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository_id_str 7160
spelling Random matching in the college admissions problemMatchingCollege Admissions ProblemStabilityRandom MechanismIn the college admissions problem, we consider the incentives confronting agents who face the prospect of being matched by a random stable mechanism. We provide a fairly complete characterization of ordinal equilibria. Namely, every ordinal equilibrium yields a degenerate probability distribution. Furthermore, individual rationality is a necessary and sufficient condition for an equilibrium outcome, while stability is guaranteed in ordinal equilibria where firms act straightforwardly. Finally, we relate equilibrium behavior in random and in deterministic mechanisms.SpringerRepositório da Universidade de LisboaPais, Joana2022-10-28T10:35:01Z20082008-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/25818engPais, Joana.(2008) "Random matching in the college admissions problem". Economic Theory, Vol. 35, No.1: pp. 99-116.10.1007/s00199-006-0191-6info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:55:20Zoai:www.repository.utl.pt:10400.5/25818Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:09:34.346419Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Random matching in the college admissions problem
title Random matching in the college admissions problem
spellingShingle Random matching in the college admissions problem
Pais, Joana
Matching
College Admissions Problem
Stability
Random Mechanism
title_short Random matching in the college admissions problem
title_full Random matching in the college admissions problem
title_fullStr Random matching in the college admissions problem
title_full_unstemmed Random matching in the college admissions problem
title_sort Random matching in the college admissions problem
author Pais, Joana
author_facet Pais, Joana
author_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Pais, Joana
dc.subject.por.fl_str_mv Matching
College Admissions Problem
Stability
Random Mechanism
topic Matching
College Admissions Problem
Stability
Random Mechanism
description In the college admissions problem, we consider the incentives confronting agents who face the prospect of being matched by a random stable mechanism. We provide a fairly complete characterization of ordinal equilibria. Namely, every ordinal equilibrium yields a degenerate probability distribution. Furthermore, individual rationality is a necessary and sufficient condition for an equilibrium outcome, while stability is guaranteed in ordinal equilibria where firms act straightforwardly. Finally, we relate equilibrium behavior in random and in deterministic mechanisms.
publishDate 2008
dc.date.none.fl_str_mv 2008
2008-01-01T00:00:00Z
2022-10-28T10:35:01Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/25818
url http://hdl.handle.net/10400.5/25818
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Pais, Joana.(2008) "Random matching in the college admissions problem". Economic Theory, Vol. 35, No.1: pp. 99-116.
10.1007/s00199-006-0191-6
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Springer
publisher.none.fl_str_mv Springer
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
_version_ 1799131190587817984

Registros relacionados